Turbodyne Appoints New CFO

12 October 1999

Turbodyne Appoints New CFO

    WOODLAND HILLS, Calif.--Oct. 12, 1999--Turbodyne Technologies Inc. (EASDAQ:TRBD) announced today, that Mr. Joseph D. Castano, 39, was appointed as Chief Financial Officer of the Company.
    Mr. Castano replaces Mr. Khal Kader who resigned to pursue other opportunities. Mr. Castano is a graduate of the Wharton School of Finance with experience in finance, leasing, administration and business development on a managerial as well as an executive level.
    Turbodyne Systems, the Engine and Pollution Technology Division of Turbodyne, designs, develops, manufactures, and markets patented pollution-reduction, fuel economy, and performance enhancing products for internal combustion engines in the automotive, transportation, construction, marine, agriculture, mining, military, and power generation industries.
    Turbodyne's Light Metals Division is a manufacturer of machined aluminum castings and leading supplier to the automotive industry.
    Offices and/or plants are located in Carpinteria, La Mirada, Encinitas, and Woodland Hills, CA; New York; Ensenada and Mexico City, Mexico; Paris; London; and Frankfurt, Germany.
    Turbodyne's World Wide Web address is: www.turbodyne.com